Google is Reportedly Considering Buying SoundCloud For Around $500 Million
Music Business Worldwide reports that Google may be "very interested" in acquiring SoundCloud, citing "high level rumors" of a potential sale. A previous report claimed that Spotify had backed out of "advanced talks" to acquire Soundcloud, after the streaming company set its price tag at around $1 billion. Now, the Music Business Worldwide report claims that Soundcloud may be willing to sell for closer to $500 million, with Google emerging as the "current favorite" to buy.
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